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Author Topic: Paypal has lost 57 million users  (Read 3498 times)
swogerino
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October 01, 2016, 01:45:11 PM
 #41

Because paypal can limit your accounts for moving around your money while it can not happen when someone is using bitcoin. Grin

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October 02, 2016, 06:08:34 PM
 #42

That's because people are realizing Bitcoin's potential.  Grin

No, that's because people are realizing the potential of scamming capability through paypal . Moreover paypal has got isolated and it is charging more than it ever did .
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October 03, 2016, 03:43:29 AM
 #43

why it could happen with paypal?
for paypal too many apply a rule that is rigid and inflexible.
paypal too many suspicious of the user, whereas for the source of funds deposited in paypal paypal is not important to know where these funds came while not diminish the benefits for paypal.
paypal today known as moneylenders how not a lot of online companies have suffered losses as a result of freezing the action of payapl. so it is now the preferred means of payment other than paypal.
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October 03, 2016, 10:19:13 AM
 #44

bitcoin is more simple than paypal
so people will choose bitcoin, slowly paypal will be abandoned

Nope, actually it's more complex to handle. Securitywise, of course. Than there's some download to be done, if you want to do it right you need your own Blockchain copy on harddisk. Not some stinky Website Wallet.

And then there is that advantage of PayPal utilising Email adresses instead of numbers. However I can imagine some service could offer the same based upon bitcoins, and even using a website wallet. Brand it "BitPal" or similar.

A company could push this through, applying pressure onto PayPal. But not going without that, it's not magically happening by mere market forces all alone.

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October 03, 2016, 08:05:36 PM
 #45

PayPal isn't going ANYWHERE anytime soon. 95% of merchants accept it, and everyone has an account. Nothing is going to come along and replace it, least of all BTC. Most people have maybe heard of it, but have no idea how it works or how to get some.

Stripe is slowly getting integrated more and more, but it'll be a while before that's 'main stream'
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October 04, 2016, 02:55:32 AM
 #46

No wonder with PayPal's attitude that people are looking anf going for better solutions, BitCoins Tongue



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laracna
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October 04, 2016, 02:59:20 AM
 #47

What is your source?

For my research the number is only increasing
Vinz24
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October 04, 2016, 10:54:04 AM
 #48

PayPal isn't going ANYWHERE anytime soon. 95% of merchants accept it, and everyone has an account. Nothing is going to come along and replace it, least of all BTC. Most people have maybe heard of it, but have no idea how it works or how to get some.

Stripe is slowly getting integrated more and more, but it'll be a while before that's 'main stream'

I agree with you, there is still alot of users that accept paypal. 57 million users is a lot and I dont still believe that happened. If most users dont accept paypal funds, thats the time the paypal will die. But yeah this still wouldn't happen.

techgeek
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October 04, 2016, 11:29:26 AM
 #49

Maybe they lost some users, but i think only few went to bitcoin/crypto. I hope we get more ppl involved, but i dont see it happening anytime soon.

I agree - I don't think it necessarily means they transferred to bitcoin.

Crypto is still very alien, even unknown, to majority - it's still far from being THE thing.

Achargeturry78
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October 08, 2016, 08:32:20 AM
 #50

paypal has been down that transfer system

Because there is a big fee in paypal that the consumer dont have also. Paypal is less job in cyberworld unlike bitcoin there is so many opportunities in bitcoin in cyberworld like trading, gambling, investing, forum and faucets. Just be patient in earning bitcoin and you will get what you want.
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October 08, 2016, 12:38:36 PM
 #51

paypal has been down that transfer system

PayPal had to invest in its development. We need to improve. And he did not do, and by that such losses
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October 10, 2016, 03:24:37 AM
 #52

Speaking of paypal they teamed up with coinbase.



.
.BITVEST DICE.
HAS BEEN RELEASED!


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Rainbot
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October 10, 2016, 07:46:54 AM
 #53

Paypal has lost 57,000,000 users since January 2015   Grin

sadly, I'm not one of those paypal users.
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October 10, 2016, 07:49:35 AM
 #54

I know for certain Bitcoin has not gained 57 million users around this time period, so it is not that they are migrating to Bitcoin, I feel as if they are fed up of Paypal's greedy system.

Oh by the way, there is no way to figure out how many Bitcoin users there are, but you can look at trends in price value (graphs) to get a rough estimate
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October 10, 2016, 08:10:25 AM
 #55

paypal will loose customers because if you have a balance above $100 then they will find a way to freeze your account and their customer service is shit,so this is not a surprising that they start loosing users.
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October 24, 2016, 11:39:55 PM
 #56

Because paypal can limit your accounts for moving around your money while it can not happen when someone is using bitcoin. Grin
Totally agree. Paypal limited my account twice! And that was horror to call them and ask to take off limits.
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October 24, 2016, 11:44:58 PM
 #57

I trusted PayPal until I heard of the scamming capabilities of it. There are a lot of scams out there, so I should not trust it anymore. I prefer Bitcoin over any other payment method, but it just takes some time until Bitcoin will become popular worldwide.
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October 24, 2016, 11:47:50 PM
 #58

with more options in the virtual world it is natural that people will use better payment services and i am not a fan of paypal either as they have blocked my accounts earlier and would unlock only months later which is difficult if you are doing business
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January 19, 2017, 02:05:42 PM
 #59

People loves paypal for only their dispute system. Even I love paypal for this. I can take dispute easily from there Smiley  Grin

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January 19, 2017, 02:56:58 PM
 #60

Yes, they may have lost some customer's especially the birth of virtual currency but, not 57,000,000 user's. Because an average folk on ebayass will prefer paypalass as form of payment. Grin

Thanks

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